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of <h1>Liquidator's Role in LLP Winding Up: Manage Assets, Settle Debts, Conduct Investigations, and Facilitate Asset Sales with Oversight.</h1> In the winding up of a Limited Liability Partnership (LLP) by the Tribunal, the Liquidator is tasked with several duties, subject to Tribunal approval. These include continuing necessary business operations, managing the LLP's property and assets, selling assets, and handling financial matters such as debts and claims. The Liquidator must also conduct investigations, maintain records, and manage the sale process of assets through advertisements and bids. The Liquidator's actions are overseen by the Tribunal, and creditors or partners can appeal to the Tribunal regarding the Liquidator's duties. The Liquidator must comply with any additional duties as specified by the Tribunal.
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